Global Financial Crimes: Head of Governance and Rules Change

About Morgan Stanley

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About Global Financial Crimes

In Global Financial Crimes (GFC), you will play a critical role in identifying potentially suspicious activity, protecting vulnerable individuals, and safeguarding the integrity of the financial system. GFC coordinates day-to-day implementation of the Firm's financial crime prevention efforts. Including governance, oversight, and execution of the Firm's Anti-Money Laundering (AML), Sanctions, Anti-Corruption and Government and Political Activities Compliance programs.

If you are passionate about financial crimes prevention, seeking a rewarding and dynamic career, and focused on making a difference, then GFC might be the right team for you.

Your Key Responsibilities

As the Head of Governance and Rules Changes for Global Financial Crimes, you will oversee the GFC Governance and Escalation Framework across the regions, as well as the GFC Rules Change Framework. Specific job responsibilities include:

Governance

Collaborating with the GFC Management Committee and GFC Governance and Escalation Committee Chairs to identify GFC-related issues to escalate to senior stakeholders from the business/regionPreparing presentations on GFC escalations and large-scale initiatives for Committees within the GFC Governance and Escalation Framework and the Firm's Non-Financial Risk Framework, including for the Board Audit CommitteeTracking GFC's tolerance levels across key risks, including analyzing changes in the primary risk drivers using qualitative as well as quantitative considerationsMaintaining awareness and identifying significant industry developments that may impact the Firm's business and GFC program

Rules Change

Maintaining awareness and identifying significant new or changed financial crimes rules or regulationsAnalyzing and interpreting new or changed rules, including the impact on the GFC program, and communicating to relevant stakeholdersCoordinating GFC's use of the Firm's regulatory change management tool (Themis) and serving as GFC's representative on the Themis Governance ForumTracking compliance with rule change requirements to align to effective date/implementation date of rule, as appropriateOverseeing updates to the GFC Rules Change Framework and related proceduresAnalyzing industry developments and emerging risks, including the impact on the GFC program, and communicating to relevant stakeholders

Reporting Lines

This role reports to the GFC Chief Operating Officer and has several direct reports.

What We're Looking For In You

4 year college degree with outstanding academic credentials10 years professional experience in an Anti-Money Laundering, Legal or Compliance role Detailed understanding of the laws, rules, and regulations pertaining to Anti-Money Laundering (AML), Economic Sanctions, Anti-Corruption, Anti-Tax Evasion, and/or Government and Political Activities ComplianceExcellent PowerPoint presentation skills and attention to detailStrong written and verbal communication skills geared towards a senior management audienceExcellent time management skills and ability to execute tasks within tight deadlinesOutstanding interpersonal skills and team-player attitude, necessary to work effectively with colleagues across regions and business unitsStrong understanding of financial services industryExperience managing a small team of compliance professionalsBe certified as an Anti-Money Laundering Specialist by ACAMS or equivalent AML certification/license - or certification within 15 months of hire

Where You'll be Working

This role will require in office attendance 3 days/week. Two of those days will be Anchor Days where you will be in the office with your teammates to learn, grow, and collaborate in person.

The Baltimore office is the Firm's largest U.S. office outside of New York, with approximately 2,000 employees representing most of the Firm's Divisions.

Equal Opportunities Statement

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.

Expected base pay rates for the role in New York will be between $160,000 and $250,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

Posting Date

Apr 11, 2024

Primary Location

Americas-United States of America-New York-New York

Education Level

Bachelor's Degree

Job

Other

Employment Type

Full Time

Job Level

Executive Director